This fund run by a SAC Capital alum bought restaurant stocks amid the pandemic
Prentice Capital Management was up 6.6% for the first four months of the year, compared to the S&P 500's 9.3% decline and the Russell 2000's 21.1% decline. The HFRX Equity Hedge Index was down 9.4% for the quarter. Q1 2020 hedge fund letters, conferences and more Gross and net exposures In his first-quarter letter to […]
Despite numerous reports claiming that Apple Inc. (NASDAQ:AAPL) will release the iPhone 6 this year, it appears the Cupertino-based tech giant will release the iPhone 5S instead. That said, there has been some serious confusion resulting from some websites making up their own rumors rather than going by history or reliable sources.
Apple to release iPhone 5c and iPhone 5S, not iPhone 6 this year
Product-Reviews.net helped clear some of that confusion by saying, “It is true that Verizon Communications Inc. (NYSE:VZ) joined AT&T Inc. (NYSE:T) in a block on holidays for retail employees, although this news almost certainly hints at the release date for the next iPhone being between September 18th and 22nd. You can see our early article that looked at the vacation blockage and we placed our bet on a Friday for the iPhone 5S and 5C release date. This would make it September 20th, and this is in-line with Apple Inc. (NASDAQ:AAPL)’s favored day for a launch to retailers.”
Old iPhone users might skip the new products
Some iPhone 4S and iPhone 5 users will likely skip the upcoming Apple Inc. (NASDAQ:AAPL) smartphone, especially if the design of the new phone doesn’t change that much from the current generation. However, iOS 7 may be more than enough to pique interest if the buyer has more interest in purchasing a phone for operational reasons. There are some real improvements with iOS 7, most notably improved cameras with filters, iTunes Radio, and Control Center.
Will iPhone 6 be a phablet?
Although it’s still too early to figure out what Apple Inc. (NASDAQ:AAPL) may or may not have in store for us in regards to the iPhone 6, there are still plenty of predictions that point toward a possible phablet. The Cupertino-based tech giant has yet to introduce a phablet style phone, even though it’s top competitors already have larger phones. An iPhone phablet could be just the thing to give the tech leader that much-needed push to take the company to the next level.